PM Modi Inaugurates Micron ATMP Plant

By BPN News Desk February 28, 2026

Industry

Prime Minister Narendra Modi will inaugurate Micron Technology’s semiconductor Assembly, Test and Packaging (ATMP) facility in Sanand, Gujarat, marking a major milestone in India’s push to strengthen domestic semiconductor manufacturing under the India Semiconductor Mission. PM Modi Inaugurates

Business Industry

US Trade Deal May Boost Cotton Demand: Piyush Goyal

By BPN News Desk February 14, 2026

Commerce and Industry Minister Piyush Goyal said the proposed India–US trade agreement is expected to expand demand for Indian cotton and provide benefits to domestic farmers through improved export opportunities. India US Trade Deal Cotton Exports The minister stated that enhanced market access could increase cotton shipments to the United States and strengthen India’s

Business Industry

KLA Signs MoU For Semiconductor R&D Hub In Chennai

By BPN News Desk February 14, 2026

US semiconductor equipment company KLA has signed a memorandum of understanding with the Tamil Nadu government to establish a major research and development and innovation centre in Chennai, strengthening India’s semiconductor ecosystem. KLA Investment In Tamil Nadu Technology Sector The proposed project involves an investment of around ₹3,600 crore and will focus on

Business Industry

Government Clears 22 Electronics Projects Worth ₹42,000 Cr

By BPN News Desk January 3, 2026

The central government has approved 22 new electronics component manufacturing projects with a total investment commitment of around ₹42,000 crore. The approvals are part of a broader push to strengthen India’s electronics manufacturing ecosystem and reduce dependence on imported components. Focus on Components and Value Addition The cleared projects focus on manufacturing

Business Industry

India Tobacco Stocks Fall After New Excise Duty

By BPN News Desk January 1, 2026

Shares of Indian tobacco companies fell sharply after the government announced a new excise duty on cigarettes, adding to the existing goods and services tax regime. The duty, which will come into effect from February 1, 2026, applies per 1,000 cigarette sticks and varies by cigarette length. This move effectively reintroduces a central levy on […]

Business Industry

Teema Eyes Uttar Pradesh for Tech Park Expansion

By BPN News Desk December 28, 2025

The Taiwan Electrical and Electronic Manufacturers’ Association, commonly known as Teema, is exploring plans to expand its presence in North India by setting up a technology park in Uttar Pradesh. The move is part of efforts to strengthen manufacturing and supply chain linkages between Taiwanese electronics firms and India. Yamuna Expressway Region in Focus Officials […]

Business Industry

PLI Scheme Drives Jobs, Exports in Electronics

By BPN News Desk December 27, 2025

India’s electronics industry has created more than 1.33 million jobs over the past five years, driven largely by the Production Linked Incentive (PLI) scheme for manufacturing. The government’s PLI programme, part of broader efforts to boost domestic electronics production, has helped expand smartphone manufacturing and supported a sharp rise in exports. Industry figures

Business Industry

Reliance Resumes Russian Crude Buys for Jamnagar

By BPN News Desk December 25, 2025

Reliance Industries Ltd has restarted purchases of discounted Russian crude oil after a pause following U.S. sanctions on major Russian producers. The Indian energy and petrochemicals company is sourcing barrels from suppliers not subject to sanctions and routing them to its refinery complex in Jamnagar, Gujarat. US Concession Allows Wind-Down The company has also obtained

Business Industry

India’s Manufacturing PMI Falls to Nine-Month Low

By BPN News Desk December 1, 2025

India’s manufacturing sector lost momentum in November, with activity expanding at its slowest pace since February. The HSBC India Manufacturing PMI dropped to 56.6, down from 59.2 in October. Although a reading above 50 indicates growth, the decline shows a cooling in both demand and output. Slower Rise in Sales and Production Manufacturers reported that […]

Business Industry

Govt Clears 17 Projects To Boost Electronic Goods Production

By BPN News Desk November 18, 2025

The Ministry of Electronics and Information Technology (MeitY) on 18 November 2025 approved 17 new projects under the Electronics Component Manufacturing Scheme (ECMS). The investments total approximately ₹7,172 crore and will set up manufacturing units for electronic components across nine states and union territories: Karnataka (5), Tamil Nadu (3), Maharashtra (3), Jammu